Latin America

Latin America
Wednesday, January 6th 2010 - 08:55 UTC

Busted with salmon farming, Chilean community tries marine tourism

Whale sighting among the options considered by a town of 25.000 that lost 10.000 jobs in two years

Quellón, a small Chiloé Island community in the south of Chile that once was entirely dedicated to the salmon industry, is hoping growing interest in marine tourism will bring the local economy back to life. The bottom fell out of Quellón’s economy last year when the salmon industry went under, leaving half the community out of work.

Tuesday, January 5th 2010 - 13:11 UTC

Chile’s presidential January 17 run-off in its decisive leg

Piñera and Frei promise “change”, but do the undecided believe them?

On Sunday evening Chile’s two presidential hopefuls – billionaire businessman Sebastian Piñera and Senator Eduardo Frei – began airing five-minute TV spots designed to win votes for the January 17 run-off presidential election. The spots will run through January 14.

Tuesday, January 5th 2010 - 13:00 UTC

Dakar rally considered a “gold mine” for northern Chile tourism industry

First class global promotion for the arid sun baked northern Chile

The Dakar Rally that began in the Southern Cone on New Year’s Day has some people applauding, but others not so happy. The Dakar Rally is divided between Argentina and Chile and includes eight days of racing in Chile before concluding January 16 in Buenos Aires.

Tuesday, January 5th 2010 - 12:37 UTC

Chile: Final Mistake

Andrés Allamand

The Concertación’s leaders don’t understand the country they helped create.
By Andrés Allamand

Tuesday, January 5th 2010 - 12:31 UTC

President Chavez imposes draconian power saving program

Lacks of sufficient rainfall has affected the generating capacity of dams

Venezuelans have received 2010 with the announcement of an extremely severe power-saving program forcing all shopping malls, bars, restaurants, discos and cinemas to close business several hours a day.

Thursday, December 31st 2009 - 11:01 UTC

Chile’s share-index advanced 51% in 2009; Peso 26% stronger

Utility, retail and commodities shares pushed the market to its highest annual advance in 16 years

Chile's leading share index ended 2009 with an annual gain of 51% as utility, retail and commodity stocks fuelled the biggest annual rise in 16 years. At the same time, Chile's currency, the peso ended with a 26% annual advance against the dollar, traders said.

Thursday, December 31st 2009 - 05:41 UTC

Colombia disavows any “aggressive” mention towards Venezuela

President Uribe said Colombia is not in the game of provoking

In the midst of an escalating diplomatic clash with Venezuelan leader Hugo Chavez, Colombian president Alvaro Uribe said he disavows any aggressive international speech towards Venezuela.

Thursday, December 31st 2009 - 04:39 UTC

IDB record loan approvals but needs capital increase by 2011

IDB President Luis Alberto Moreno: for 200 million Latinamericans macroeconomics is an “abstraction”

The Inter-American Development Bank set record levels of loan approvals and disbursements in 2009, playing a counter-cyclical role by providing financing to Latin American and Caribbean countries in the face of the global economic crisis.

Wednesday, December 30th 2009 - 15:17 UTC

Santiago Airport With Outstanding “On Time” Arrival Stats

Flight punctuality means that a flight leaves the tarmac no more than 15 minutes after the scheduled departure time.

A recent report by the Chilean Airline Association (Achila) found a 92.5% percent “on time” departure rated for flights from the Arturo Merino Benitez International Airport

Sunday, December 27th 2009 - 06:40 UTC

Countdown for 2010 Argentina-Chile Dakar rally which takes off Jan first

Vehicles unloading and ready for technical inspection in La Rural

The countdown for the 2010 Argentina-Chile Dakar rally has begun with the arrival in Buenos Aires of all the participants and the over 400 vehicles registered for the grueling competition that will extend until January 17 in some of the most challenging terrains in Argentina and neighboring Chile, including climbing the mighty Andes cordillera .

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